Oil & Gas Property in Shelby County, TX
Key data points for Reed Unit
| County | Shelby County, TX |
|---|---|
| Operator | SHERIDAN PRODUCTION CO III, LLC |
| Production Dates | Apr 2002 - Jul 2025 |
| Total Oil Production | 23,890 BBLs |
| Total Gas Production | 1,570,149 MCF |
| Recent Oil Production | 176 BBLs in Jun 2025 |
| Recent Gas Production | 167 MCF in Jun 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Reed Unit
ShaleAssessment™
$6,272 *
MarketMultiple™
$31,207 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Reed Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Adams | Shelby County, TX | 15 BBLs | 303 MCF | Jul 2025 |
| Arco | Shelby County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| BP Ethridge 971 | Shelby County, TX | 0 BBLs | 0 MCF | May 2025 |
| BP Georgetown 885 | Shelby County, TX | 0 BBLs | 0 MCF | May 2025 |
| Carlton Gas Unit | Shelby County, TX | 0 BBLs | 0 MCF | Jul 2025 |
| Case | Shelby County, TX | 0 BBLs | 139 MCF | Jul 2025 |
| Crawford | Shelby County, TX | 6 BBLs | 120 MCF | Jul 2025 |
| Franks Estate | Shelby County, TX | 14 BBLs | 485 MCF | Jul 2025 |
| Franks Lawrence T | Shelby County, TX | 3 BBLs | 147 MCF | Jul 2025 |
| Griffin | Shelby County, TX | 58 BBLs | 8,591 MCF | Jul 2025 |
| Hancock | Shelby County, TX | 0 BBLs | 0 MCF | Jul 2020 |
| Howard A | Shelby County, TX | 13 BBLs | 165 MCF | Jul 2025 |
| Jones | Shelby County, TX | 78 BBLs | 612 MCF | Jul 2025 |
| Oliver Unit | Shelby County, TX | 29 BBLs | 2,143 MCF | Jul 2025 |
| Pate | Shelby County, TX | 65 BBLs | 3,210 MCF | Jul 2025 |
| Polley | Shelby County, TX | 0 BBLs | 11 MCF | Jul 2025 |
| Ramsey Unit | Shelby County, TX | 4 BBLs | 350 MCF | Jul 2025 |
| Samford | Shelby County, TX | 14 BBLs | 1,057 MCF | Jul 2025 |
| Sickel 1 | Shelby County, TX | 0 BBLs | 0 MCF | Dec 2017 |
| Thomas Gas Unit | Shelby County, TX | 0 BBLs | 488 MCF | Jul 2025 |
These are the closest 20 companies operating near the Reed Unit property.